ZIP Code 46542

Households in the 46542 ZIP code, near Elkhart, bring in a median of $78,606 a year, while per-capita income sits at $30,972. A median home value of $187,900 taxed at the county's 0.60 percent effective rate works out to roughly $1,127 in annual property taxes, a figure most local earners can absorb without straining. Day-to-day purchases carry a 7.00 percent combined sales tax, so spending steadily chips away at take-home pay. Even so, the gap between area earnings and housing costs leaves households here with room to cover essentials, save, or spend as they choose.